Can I retire at age 45 with 548,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $548,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$45,253$44,850$44,457$44,073$43,698$42,729
2 years$22,403$21,985$21,581$21,189$20,809$19,837
3 years$14,787$14,368$13,964$13,576$13,202$12,258
4 years$10,980$10,562$10,162$9,781$9,416$8,507
5 years$8,696$8,281$7,887$7,513$7,158$6,287
6 years$7,174$6,762$6,373$6,008$5,664$4,832
7 years$6,087$5,678$5,296$4,939$4,606$3,814
8 years$5,272$4,867$4,492$4,144$3,821$3,067
9 years$4,639$4,238$3,869$3,529$3,218$2,502
10 years$4,133$3,736$3,373$3,042$2,742$2,064
11 years$3,719$3,326$2,969$2,648$2,358$1,716
12 years$3,374$2,985$2,635$2,322$2,043$1,437
13 years$3,083$2,697$2,354$2,050$1,782$1,210
14 years$2,833$2,452$2,115$1,820$1,562$1,024
15 years$2,617$2,240$1,910$1,623$1,375$869
16 years$2,428$2,055$1,732$1,453$1,216$740
17 years$2,261$1,893$1,576$1,306$1,078$632
18 years$2,113$1,749$1,438$1,177$958$541
19 years$1,981$1,621$1,317$1,063$854$463
20 years$1,862$1,506$1,209$963$763$398
21 years$1,755$1,403$1,112$874$683$342
22 years$1,658$1,310$1,025$795$612$294
23 years$1,569$1,225$946$724$549$253
24 years$1,488$1,148$875$660$494$219
25 years$1,413$1,077$810$603$444$189
26 years$1,344$1,012$752$551$400$163
27 years$1,280$953$698$505$361$141
28 years$1,221$898$649$462$326$121
29 years$1,167$847$604$424$294$105
30 years$1,115$800$562$389$266$91
31 years$1,068$756$524$357$240$79
32 years$1,023$715$489$328$217$68
33 years$981$677$457$302$197$59
34 years$942$642$427$278$178$51
35 years$905$609$399$256$161$44
36 years$870$578$373$236$146$38
37 years$837$549$349$217$132$33
38 years$806$522$327$200$120$29
39 years$777$496$306$184$109$25
40 years$749$472$287$170$99$21
41 years$723$449$269$157$90$19
42 years$698$428$253$145$81$16
43 years$674$408$237$134$74$14
44 years$651$389$223$123$67$12
45 years$629$371$209$114$61$10
46 years$609$354$196$105$55$9
47 years$589$337$184$97$50$8
48 years$570$322$173$90$46$7
49 years$552$308$163$83$41$6
50 years$535$294$153$77$38$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $548,000, adding $4,426 every year, while hoping to spend $29,679 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 85/5/10 Blend
44$548,000$548,000$548,000$548,000
45$608,461$579,417$570,923$658,919
46$638,946$576,231$558,471$689,363
47$671,546$571,893$544,607$718,331
48$706,445$566,317$529,252$749,236
49$743,845$559,409$512,325$782,255
50$783,968$551,071$493,739$817,581
51$827,057$541,198$473,404$855,427
52$873,380$529,680$451,226$896,030
53$923,230$516,400$427,107$939,646
54$976,929$501,232$400,945$986,560
55$1,034,830$484,047$372,631$1,037,086
56$1,097,322$464,705$342,053$1,091,570
57$1,164,832$443,059$309,095$1,150,390
58$1,237,829$418,952$273,634$1,213,966
59$1,316,828$392,222$235,541$1,282,759
60$1,402,396$362,692$194,683$1,357,277
61$1,495,157$330,181$150,922$1,438,080
62$1,595,795$294,492$104,110$1,525,785
63$1,705,065$255,421$54,097$1,621,071
64$1,823,795$212,750$722$1,724,687
65$1,952,897$166,250$0$1,837,458
66$2,093,375$115,678$0$1,966,294
67$2,246,331$60,778$0$2,106,669
68$2,412,981$1,281$0$2,259,629
69$2,594,662$0$0$2,426,411
70$2,792,844$0$0$2,611,849
71$3,009,146$0$0$2,814,327
72$3,245,352$0$0$3,035,444
73$3,503,422$0$0$3,277,037
74$3,785,518$0$0$3,541,131
75$4,094,017$0$0$3,829,952
76$4,431,537$0$0$4,145,953
77$4,800,963$0$0$4,491,834
78$5,205,468$0$0$4,870,569
79$5,648,550$0$0$5,285,434
80$6,134,057$0$0$5,740,034
81$6,666,231$0$0$6,238,340
82$7,249,742$0$0$6,784,728
83$7,889,732$0$0$7,384,015
84$8,591,868$0$0$8,041,507
85$9,362,389$0$0$8,763,050
86$10,208,170$0$0$9,555,081
87$11,136,780$0$0$10,424,693
88$12,156,561$0$0$11,379,697
89$13,276,701$0$0$12,428,700
90$14,507,320$0$0$13,581,182
91$15,859,568$0$0$14,847,587
92$17,345,730$0$0$16,239,421
93$18,979,338$0$0$17,769,359
94$20,775,300$0$0$19,451,366
95$22,750,043$0$0$21,300,829
96$24,921,663$0$0$23,334,698
97$27,310,099$0$0$25,571,648
98$29,937,317$0$0$28,032,257
99$32,827,521$0$0$30,739,196
100$36,007,379$0$0$33,717,443